Revenue Foreign Exchange Rates: 2012 Tax Returns

If you have income denominated in currencies other than Euro, you may wonder which exchange rate you should use when preparing your tax return and calculating your liability.

Revenue have just published their official exchange rates for a range of currencies for 2012, based on Central Bank rates.

These are as follows, along with  the corresponding rates for earlier years.

Average Market Mid-Closing Exchange Rates v. €
2009 2010 2011 2012
Australian dollar 1.7727 1.4423 1.3484 1.2407
Canadian dollar 1.5850 1.3651 1.3761 1.2842
Danish krone 7.4462 7.4473 7.4506 7.4437
Japanese yen 130.34 116.24 110.96 102.49
Norwegian krone 8.7278 8.0043 7.7934 7.4751
Pound sterling 0.8909 0.85784 0.86788 0.81087
Swedish krona 10.6191 9.5373 9.0298 8.7041
Swiss franc 1.5100 1.3803 1.2326 1.2053
US dollar 1.3948 1.3257 1.3920 1.2848

These rates apply to all trading, rental, employment, investment and other income denominated in non-Euro currency.

Lloyds Accounts

A separate rate applies for conversion of Lloyds Account amounts from sterling to euro. This is based on the sterling mid-closing rate on the last market day of each  calendar year, as per the Central Bank. The rate for 2012 is Stg £1 = €1.22534.

The newly-published Revenue eBrief publishing these details is here.


  1. I do consider all the ideas you have presented to your
    post. They’re very convincing and will certainly work.
    Still, the posts are too short for beginners. May you please
    lengthen them a bit from next time? Thanks for the post.

  2. When you first start the game, you’re treated to a beautifully detailed world with some of the most realistic looking 3D models seen in a handheld game.
    I could drive mine at top speed, run technically near-perfect laps and still never close
    on my opponents. This can be compared to first learning to drive
    a car.

  3. Hello there, I found your website by way of Google at the same time as
    searching for a similar topic, your site got here up, it appears to be like good.
    I have bookmarked it in my google bookmarks.
    Hello there, simply changed into alert to your weblog thru Google, and located that it’s truly
    informative. I’m gonna watch out for brussels.

    I’ll appreciate in the event you proceed this in future.
    Numerous other people might be benefited out of your writing.

  4. Great blog here! Also your site rather a lot up fast!

    What web host are you the usage of? Can I am getting your associate link for your host?
    I wish my site loaded up as fast as yours lol

  5. obviously like your web-site but you have to take a look at the spelling
    on quite a few of your posts. Several of them are
    rife with spelling issues and I to find it very troubleesome to
    inform the truth however I will certainly come again again.

  6. Pingback: check

Comments are closed.